Thursday, August 12, 2010

Oh Canada!

As I have been reading many debt, budget, finance blogs I have noticed that many are from Canadian bloggers. I wondered if Canadian's in general had more debt then American's. I did some research to back up my observation. What I found what that the average credit-card debt per household in Canada is a little over $3000 and in the U.S. it's a little over $8000.



So fear not my Canadian friends I stand corrected. This also made me think are American's less willing to share their information on their debt or were my own person blogs search just off. I couldn't find much information related to reporting of debt by consumer in the U.S. or Canada. So I'll ask you, are you unwilling to share you debt information? If so why?

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